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 i am currently out of work and owe around £15000

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T O P I C    R E V I E W
glenn-h Posted - 08 January 2010 : 18:57:25
i am currently out of work and owe around £15000 on credit cards and a loan i am not a home owner what is my best option
2   L A T E S T    R E P L I E S    (Newest First)
Richard P Posted - 08 January 2010 : 23:10:50
Hi Glenn

as kallis states under 15K go for Debt relief order

Over 15K and No income you may qualify for a reduction in BR fees reduced by £150

What is the chance of work ? if it is still a realistic option you may be able to negotiate your way out

however as time progresses the options reduce, how many months in arrears are you ?

good luck regards Richard
Niobe Posted - 08 January 2010 : 19:30:24
Hi Glenn and welcome.

If your debts don't amount to more than £15k, then you may qualify for a debt relief order. You can find out more via this link:

http://debtrelieforder.org.uk/

Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.

Jan
xx

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